Daily crude steel output at CISA key mills rose 3.4% in mid-Oct

SHANGHAI, Nov 5 (SMM) – Daily crude steel output across China Iron and Steel Association (CISA) key mills averaged 1.95 million mt during the second 10 days of October, up 64,800 mt, or 3.43% from October 1-10, according to the latest data from CISA.

Inventories of steel products across those mills increased 804,100 mt, or 6.45%, from October 10 and came in at 13.27 million mt as of October 20.